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Reading: SEPC Shares Achieve 1% on Securing a Contract Price Rs 521.46 Crore
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StockWaves > Financial News > SEPC Shares Achieve 1% on Securing a Contract Price Rs 521.46 Crore
Financial News

SEPC Shares Achieve 1% on Securing a Contract Price Rs 521.46 Crore

StockWaves By StockWaves Last updated: May 16, 2026 4 Min Read
SEPC Shares Achieve 1% on Securing a Contract Price Rs 521.46 Crore
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Shares of SEPC Restricted have been buying and selling within the inexperienced and 1% greater on 15 Might after the corporate introduced securing a serious infrastructure contract by its three way partnership with Furlong, strengthening its presence within the street growth section. 

In response to the corporate’s newest regulatory submitting, the SEPC-Furlong JV obtained a Letter of Award (LoA) from Shalimar Corp Restricted for an EPC subcontract valued at Rs 521.46 crore.

The mission focuses on widening and upgrading the Shahjahanpur–Bisalpur street stretch in Uttar Pradesh right into a four-lane hall. The three way partnership will execute the task on a lump-sum turnkey foundation, dealing with engineering, procurement, and development duties below outlined timelines and technical specs. 

The event marks one other important addition to SEPC’s rising infrastructure order guide.

The most recent order comes at a time when SEPC has remained lively on a number of company and regulatory fronts over the previous six months. Earlier this month, the corporate knowledgeable exchanges about updates associated to proceedings earlier than the Madras Excessive Courtroom, whereas in April, it accomplished the conversion of over 2.4 crore partly paid-up fairness shares into totally paid shares following receipt of ultimate name cash.

In March 2026, SEPC additionally disclosed that Telecommunications Consultants India Restricted (TCIL) had cancelled a beforehand issued Letter of Intent. The corporate acknowledged that it will take applicable steps concerning the matter and proceed updating inventory exchanges in keeping with SEBI disclosure norms.

Regardless of these developments, the newest street mission win highlights SEPC’s continued concentrate on infrastructure execution and its technique of collaborating in large-scale EPC tasks by three way partnership partnerships. 

At 11:50 am, the shares of SEPC have been buying and selling 1.02% greater at Rs 7.75 on NSE. 

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